The Industry Spread

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At a glance

Founded
2016
Headquarters
Limassol, Cyprus
Ownership
Private
Employees
51–200
Regulation
No licence listed
Clients
Retail brokers, Prop firms, Exchanges, Fintechs
Regions
Europe, Middle East, Latin America

Praxis Tech is a payment orchestration company that connects merchants to payment service providers through a single integration. Its website says it was founded in 2016 and gives its head office as Limassol, Cyprus. The website is operated by Praxis Tech Ltd, which the site's terms describe as a Cyprus company with registration number HE 410576. The company's own count is more than 140 employees and four offices, in Limassol, Dubai, São Paulo and Pristina. The older praxiscashier.com domain redirects to praxis.tech.

What it sells

Praxis started with Cashier, a hosted checkout that lets a merchant manage several payment providers through one connection. The platform now covers a set of related services: payment links and recurring payments, a rules engine for routing, a card vault, AI-based payment optimisation, decline recovery, 3-D Secure authentication, fraud and risk controls, reconciliation, a transaction dashboard and payment analytics. The company says it has more than 600 payment service provider connections and supports more than 40 currencies. These figures are its own and were read on 5 November 2026.

Who it serves

The site groups its customers into four industries: gaming, trading, crypto and e-commerce. For trading, it names forex brokers, prop firms and trading apps. The home page displays logos of businesses including GGPoker, Stake, Playtech, AvaTrade, TradeNation, Fusion Markets, FP Markets and MultiBank. A separate page is aimed at payment providers that want to connect to its merchants.

Security and oversight

Praxis is a technology provider and does not list a financial services licence. Its security page states that it holds PCI DSS Level 1 and ISO/IEC 27001:2022 certification and that it is registered on the Visa Global Registry of Service Providers; the site links a registry document dated 18 June 2026. A client acceptance policy sets out the licences and jurisdictions it expects of the businesses it onboards. The Industry Spread has not matched any Praxis entity to a regulator's register, so no licence is attributed to it. Amit Klatchko is listed as chief executive and co-founder.

Products and services

Leadership

  • Amit Klatchko

    CEO & Co-Founder, Praxis Tech

FAQ

Is Praxis Tech a licensed payment institution?

Its website lists PCI DSS Level 1, ISO/IEC 27001:2022 and Visa service-provider registration, and does not state a financial services licence.

Where is Praxis Tech based?

Its contact page gives a Limassol, Cyprus headquarters, with offices in Dubai, São Paulo and Pristina.

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